DESA ARA

Area Intelligence
2024
Median Price
RM 820,000
PSF: RM 406

Residential PSF Trends

Median Price

RM 810,000

PSF: RM 390

Commercial PSF Trends

Median Price

RM 885,000

RM 884 PSF

DESA ARA in Barat Daya, Penang recorded 11 subsale transactions in 2024, with a median price of RM 820K and a median price per square foot (PSF) of RM 406.

This area contains both residential and commercial properties. View 41 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 820K, with most transactions falling within a stable range of RM 749K to RM 891K, and a typical market range of RM 738K to RM 935K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 406, though individual units vary from RM 211 to RM 601 in the core range. The broader market spans RM 305.75 to RM 506.25, indicating diverse property characteristics. A wider spread (IQR: RM 200.50) and deviation (MAD: RM 195) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA ARA, Barat Daya, Penang

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Transactions

11 transactions grouped by size

1,000 sqft
Double Storey Shop
RM 910,000
GERBANG SUNGAI ARA 1
1,001 sqft · RM 909 PSF
RM 860,000
JALAN SUNGAI ARA 2
1,001 sqft · RM 859 PSF
1,300 sqft
Double Storey Terraced
RM 820,000
CANGKAT SUNGAI ARA 3
1,281 sqft · RM 640 PSF
RM 750,000
CANGKAT SUNGAI ARA 2
1,281 sqft · RM 586 PSF
1,550 sqft
Double Storey Terraced
RM 797,000
CANGKAT SUNGAI ARA 3
1,528 sqft · RM 521 PSF
2,000 sqft
Single Storey Terraced
RM 738,000
LINTANG SUNGAI ARA 2
2,002 sqft · RM 369 PSF
2,050 sqft
Double Storey Terraced
RM 835,000
CHANGKAT SUNGAI ARA 3
2,056 sqft · RM 406 PSF
2,100 sqft
Double Storey Terraced
RM 810,000
CHANGKAT SUNGAI ARA
2,077 sqft · RM 390 PSF
2,300 sqft
Cluster House
RM 801,000
CANGKAT SUNGAI ARA 2
2,282 sqft · RM 351 PSF
2,650 sqft
Double Storey Terraced
RM 885,000
CANGKAT SUNGAI ARA 1A
2,626 sqft · RM 337 PSF
RM 1,000,000
CANGKAT SUNGAI ARA 1
2,626 sqft · RM 381 PSF

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There are currently no properties listed for sale in this area.

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